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Dylan Byers / @dylanbyers:
Tucker Carlson will relaunch his show on Twitter with help from ex-Fox News staff and will forgo at least $25M owed to him by Fox to break a non-compete clause — 🚨 NEWS: Tucker Carlson will relaunch his show *on Twitter* with help from former Fox News staff. He will forgo at least $25 million owed to him by Fox Corp. in order to break non-compete clause. @PuckNews
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Axios:
Docs and sources: Tucker Carlson accuses Fox News of fraud and breach of contract; Carlson was told he was taken off the air as part of the Dominion settlement — Tucker Carlson, two weeks after being ousted by Fox News, accused the network Tuesday of fraud and breach of contract …
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Los Angeles Times, The Wrap, Rolling Stone, CNBC, CBS News, TVLine and Deadline
Axios:
Sources: NBCUniversal is finalizing a settlement with CNBC's Hadley Gamble, who is leaving the company and whose complaint led to CEO Jeff Shell's firing — NBCUniversal is finalizing a settlement with CNBC senior international correspondent Hadley Gamble, sources tell Axios.
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Chloe Berger / Fortune:
The NYT faces criticism for its sympathetic Elizabeth Holmes profile, which glossed over the potentially massive consequences of her fraud — Elizabeth Holmes, the former entrepreneur who was convicted of one of the biggest frauds in business history, swapped out her trademark black turtleneck …
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NBC News:
A jury finds Donald Trump liable for sexually abusing and defaming writer E. Jean Carroll, awarding her $5M in her civil suit, but rejects her rape claim — Carroll sued the former president, accusing him of battery over an alleged rape in the 1990s and of defamation for calling her account a “hoax.”
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Matthew Keys / The Desk:
The FBI executed a search warrant May 8 at the home of Timothy Burke, a video editor who once worked at Gawker, Abrams Media, Deadspin, and The Daily Beast — A law enforcement source confirms the former video editor, who now runs his own communications firm, is the target of a criminal investigation.
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Creative Loafing Tampa Bay, Awful Announcing, Tampa Bay Times, @rl_bynum, Florida Politics and Spectrum Bay News 9, Thanks:@thedeskdotnet
Jennifer Maas / Variety:
AMC Networks Q1: revenue up 0.7% YoY to $717M, operating income down 0.8% YoY to $173M, US ad sales down 20% YoY; streaming subs fell to 11.5M from 11.8M in Q4 — This drop in subs follows a slight increase of 700,000 paid streaming customers between Q3 and Q4 of last year.
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Fierce Video, Ad Age, @davidpoland, The Streamable, Bloomberg, The Hollywood Reporter, The Wrap, The Hollywood Reporter, Next TV and Media Play News
Jennifer Maas / Variety:
MTV News is shutting down, as Showtime, MTV Entertainment Studios, and Paramount Media Networks lay off about 25% of their employees in the US — Layoffs will be hitting 25% of employees across the Showtime, MTV Entertainment Studios and Paramount Media Networks groups in the U.S. Tuesday …
Alex Weprin / The Hollywood Reporter:
Fox Corp. reports Q3 revenue up 18% YoY to $4.08B and a $50M loss, primarily due to the Dominion settlement; ad revenue rose 43% YoY 1.86B due to the Super Bowl — The Super Bowl helped Fox's advertising revenue improve by 43%. — The high-profile settlement between Fox Corp …
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CNN, The Desk, Adweek, MediaPost, The Guardian, The Wrap, Ad Age, Los Angeles Times, Mediaite, Financial Times, TVNewsCheck, CNBC, Billboard, Front Office Sports, Wall Street Journal, Deadline, Media Play News, The Hill, New York Times and NPR
Sara Fischer / Axios:
Crypto outlet Blockworks raised $12M at a $135M post-money valuation led by 10T Holdings to further develop its nascent research and data analytics offering — Blockworks, a media company that covers cryptocurrency for professionals, has raised $12 million at a $135 million post-money valuation …
Discussion:
CoinDesk, @bradydale, @defi_dad, @jasonyanowitz, @rafat and Talking Biz News
J. R. Moehringer / New Yorker:
The ghostwriter of Prince Harry's memoir Spare on becoming a ghostwriter, gaining a new perspective on the tabloids after the UK media covered him, and more — Collaborating on his memoir, “Spare,” meant spending hours together on Zoom, meeting his inner circle, and gaining a new perspective on the tabloids.
Katie Robertson / New York Times:
Former Fox News producer Abby Grossberg voluntarily dismisses one of her lawsuits against the network; her lawyer says she intends to refile in the coming weeks — The lawsuit, brought by Abby Grossberg, accused the cable network of pressuring her to lie in a deposition.
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